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Travel Discussion
Reply to "if you HHI is around 200k what is your travel budget?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]2k-3k. We don't travel to speak of. Hate spending money on hotels and transportation. [/quote] wow. people really live this way? [/quote] Not everyone enjoys seeing their hard-earned 10k-20k evaporate over a 10 day period. [/quote] I guess, but what DO you spend your money on? Can't take it with you. FWIW we spend closed to 20K/yr on travel and still save aggressively for retirement and college. Obviously we cut back in other ways, like on a kitchen remodel I'd love to, don't drive luxry cars, another way money "evaporates". [/quote] DP but our kids are in early elementary and preschool aged so still have quite a bit of childcare costs. Our mortgage is pretty modest for this area but consequently it's a 1940s house with old-house problems and it seems like there is always something that needs replacing/addressing (next year finally going to replace our crappy windows). Our circa-2003 car finally died and we had to replace, cars are expensive right now! DH is a cancer survivor so his life insurance premiums are high plus he has a disability and umbrella policy- maybe we are over-insured but he is pretty cautious due to his medical history. That's all probably a couple thousand per year that we could otherwise spend on things like travel. We do have a lot of accumulated miles from when we both travelled more for work (have a miles credit card too but we just don't accumulate as much from actual travel anymore). We are itching to go somewhere international but want to make sure it's "worth it"- I don't care so much about the kids remembering but I'd like my 3yo to move a bit past her threenager phase.... My guess is we still spent around $4k on travel last year but some of that was to visit our families. Then a week shared house at the beach and a few driving weekend trips, including camping.[/quote]
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